Financial Business Act.pdf
Financial Business Act.pdf
Financial Business Act.pdf
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While this translation was carried out by a professional translation agency, the text<br />
is to be regarded as an unofficial translation based on the latest official Consolidated<br />
<strong>Act</strong> no. 286 of 4 April 2006. Only the Danish document has legal validity.<br />
Annex 1<br />
Bank activities<br />
1) Acceptance of deposits and other repayable funds.<br />
2) Lending, including<br />
- consumer credit,<br />
- mortgage credit,<br />
- factoring and discounting,<br />
- commercial credits (including forfaiting),<br />
- financial leasing.<br />
October 2006, GlobalDenmark Translations<br />
3) Payment services (money transmission services).<br />
4) Issue and administration of means of payment (e.g. credit cards, travellers' cheques,<br />
and bankers' drafts).<br />
5) Guarantees and collateralisation.<br />
6) Participation in issuing securities and provision of related services.<br />
7) Advice to undertakings on capital structure, industrial strategy and related questions<br />
and advice, and services relating to mergers and the acquisition of undertakings.<br />
8) Money broking.<br />
9) Credit reference service.<br />
10)Safe custody services<br />
11)<strong>Business</strong> for own account relating to any of the instruments mentioned in annex 5.<br />
12)Safekeeping and administration in relation to one or more of the instruments mentioned<br />
in annex 5, and mortgages.<br />
13)Other activities in relation to trade in money and credit instruments.<br />
14)Electronic money institutions.<br />
EXCLUDING MINOR AMENDMENTS
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